A South Korean man who attacked the CEO of the collapsed crypto company, Haru Invest, is now facing a potential decade behind pillars, according to local media reports.
Prosecutors in Seoul have requested a 10-year prison sentence for any local media who only identify with his last name Kang, a man in the 50s who stabbed Haru Invest CEO Lee Hyung-Soo during a hearing last year.
Haru Invest paused withdrawals in 2023 with reference to partner problems without giving a certain reason before its leaders were arrested in 2024 for allegedly stolening $ 828 million in customer funds.
Kang’s defense claimed he had no intention of killing, noting that he did not target a deadly area and acted for a moment of extremely emotional distress after losing 100 BTC (worth $ 8.3 million) due to Haru Invest’s collapse.
His lawyers were pressing for a reduced charges of worsening assault rather than murder attempts with reference to his serious financial and psychological difficulties.
At the forefront of the consultation, the local media reported that Haru Invest Victims’ Association held a press conference that demanded Kang’s release, arguing that fraudsters like him were treated unfairly, while leaders accused of defeating hundreds of millions of dollars went free of bail.
Kang will be back in court on April 4 for penalties.